A judgment lien on real property is a claim on the debtor’s property in case they fail to fulfill their contractual obligations. Even after winning the judgment lawsuit, the creditor has to collect the judgment to get their money back.
However, surveys suggest that creditors collect only 20% of the judgments as the troublesome and time-consuming process could give creditors a headache. This is why you may consider selling your judgment lien on real property.
Thankfully, finding the right company to sell judgment lien on real property is an absolute cinch if you follow the right process.
Referrals
Seeking referrals is the first step to finding a reliable company. If your friend or a family member has worked with a company in the past, you can ask them for recommendations. Alternatively, you can also conduct research online. Simple research with your area’s zip code will give you dozens of companies.
Reviews
It’s always a great idea to hear words straight from the horse’s mouth. The good news for you is that you can read dozens of clients’ reviews online. A professional company, such as Mayflower judgments, keeps updating the reviews section on its website.
Get a Quote
If positive reviews outnumber the negative ones, take it as a green light and ask the company to provide you with a quote. If you have any confusion, feel free to ask questions. Once you have the quote, then you can decide if you want to opt for the company and its services or not.
